Suppose a government study estimated that the probability of successive generations of a rural family remaining in

Question:

Suppose a government study estimated that the probability of successive generations of a rural family remaining in a rural area was 0.7 and the probability of successive generations of an urban family remaining in an urban area was 0.9. Assuming a Markov chain applies to these facts, find the steady-state vector.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: